Getting started with wholesaling in Cincinnati!

[Joshua Southard]

I’m looking to jump into real estate starting with learning how to wholesale. For starters, I’m in the Cincinnati area and would love to start networking with investors and other real estate professionals in my area. I work the 12 hour night shift and am very motivated to steer myself away from my current financial situation. I’m asking for advice on how I can start with learning the in’s and outs of wholesaling real estate! How can I build relationships outside of networking events, and build a potential buyers list? Any advice at all would be greatly appreciated!!

Thanks!

[Miller McSwain]

@Joshua Southard

If you are looking to learn about wholesaling, then you have come to the right place!

For education, I'd recommend:

1. Read the wholesaling forums. You will learn a lot about the major parts of wholesaling by perusing the forums. Additionally, you will learn about specific issues members have, and the solutions that others present. These solutions will likely help you in your business one day.
2. For a more focused and step-by-step education, read some wholesaling books. I highly recommend "The Wholesaling Blueprint" by Luke Weber. It is possible to find all of the information that is presented within the book on the forums; however, it would take a lot of time. For this reason, buying a few books that present organized information is well worth it.

For networking:

1. Hang around the BP forums and actually interact. You've taken a great first step by making you first, but I encourage you to continue posting and replying to other people's posts. You are likely to connect with some very knowledgeable wholesalers this way.
2. As you mentioned, networking events are great. There are tons of investor meetups that you can easily find at https://www.biggerpockets.com/...

For building a buyers list:

1. Visit auctions and ask frequent bidders if they buy from wholesalers
2. Ask investors at meetups if they are interested in being brought wholesale deals
3. If you already have a property under contract, you can check your county appraiser/assessor website for absentee property owners near your contracted property. These owners are investors and could be very interested since they already have an investment in the area

I hope some of these tips help you get started!